CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70.41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing all your money. Read full risk warning.

Pound - US Dollar Analysis

US Session Analysis for CFD Instruments 19/01/2023

Fundamental analysis

19 January, 2023

The Pound is stable against the U.S Dollar today. Inflation fell in December in the UK from 10.7% to 10.5% as expected. The US dollar remains under pressure after yesterdays worse than expected economic results. Both retail sales and PPI data also were disappointing. Today's reports showed that initial jobless claims last week fell from 205K to 190K and the Philadelphia Fed manufacturing Index in January improved from -13.7 to -8.9.

Technical analysis

Pound - US Dollar Analysis Technical analysis 19/01/2023
Time Frame: 1 hour

GBPUSD Support & Resistance Table - 19/01/2023

Support & Resistance Level Explanation
Resistance 2 1.2416 Daily R2
Resistance 1 1.2375 Daily R1
Support 1 1.2265 Daily S1
Support 2 1.2242 Daily S2

GBPUSD Indicator Table - 19/01/2023

Indicator Signal
SMA 20 Buy
SMA 50 Buy
SMA 100 Buy
MACD( 12;26;9) Buy
RSI (14) Sell
Stochastic ( 9;6;3) Sell

GBPUSD Indicator / Period Table - 19/01/2023

Indicator / Period Day - BuyWeek - BuyMonth - Buy
MACD( 12;26;9) Buy BuyBuy
RSI (14) Sell BuyBuy
SMA 20 Buy BuyBuy

GBPUSD 19/01/2023 - Reference Price : 1.2318

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (1)Sell (2)
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Pound - US Dollar Chart
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